Fixed income investments are less volatile but may generate returns which can be below inflation. Equity investments are more volatile but have the capability to generate inflation beating returns. Therefore both asset classes have the place in investors’ portfolio. Infact an appropriate combination of these assets classes as per the risk appetite of the investor can help investor in achieving his financial goals. For example a combination of 15% equity & 85% fixed income can generate a regular income for the investor without consuming the investors’ capital.

Debt oriented hybrid funds invests a major portion of the corpus in fixed income securities to generate stable income & to provide stability to the portfolio and a minor portion in equity securities to generate equity market related returns & provide kicker to the portfolios’s return.

SBI Magnum Monthly Income Plan – Floater invests in Floating rate securities. Investment in floating rate securities would be atleast 65% of the net assets of the scheme while the balance would be invested in fixed rate securities, money market instruments and/or equity related instruments. In the absence of Floating Rate securities, the Fund Manager may swap fixed rate returns for floating rate returns through derivatives like Interest Rate Swap/Forward Rate arrangements as permitted under Regulations. Maximum exposure to equities is capped at 15% in the scheme.

Mr. Dinesh Ahuja

Managing this fund since .

Total experience 18 years .

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Mr. Dinesh Ahuja

Description :

Dinesh Ahuja joined SBIFM in 2010. Prior to joining SBIFM, Dinesh was a fund manager with L&T Investment Management and Reliance Group for four years. Dinesh started his career in 1998 as a fixed income dealer on the sell side. Thereafter he worked in leading broking outfits for eight years before moving on the buy side in 2006. Dinesh is a Commerce graduate and holds his Masters degree in Finance from Mumbai University.

Mr. Ruchit Mehta - Equity

Managing this fund since Jul 2011.

Total experience 11 years .

See all funds managed by Mr. Ruchit Mehta - Equity

Mr. Ruchit Mehta - Equity

Description :

Ruchit joined SBIFM in 2010. Ruchit had joined us from HSBC Asset Management where he was an analyst and assistant fund manager for four years. Prior to HSBC, Ruchit was as a sell side analyst with leading broking firms like ASK Raymond James and Prabhudas Liladhar for two years. Ruchit is a Commerce graduate from Mumbai University and holds Masters Degree in finance from Lancaster University, UK. He is also a Charter holder of the CFA Institute, USA.

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